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Dayang Enterprise Holdings Bhd (XKLS:5141) Cyclically Adjusted Book per Share : RM1.44 (As of Mar. 2024)


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What is Dayang Enterprise Holdings Bhd Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Dayang Enterprise Holdings Bhd's adjusted book value per share for the three months ended in Mar. 2024 was RM1.437. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is RM1.44 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Dayang Enterprise Holdings Bhd's average Cyclically Adjusted Book Growth Rate was 6.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Dayang Enterprise Holdings Bhd was 9.00% per year. The lowest was 9.00% per year. And the median was 9.00% per year.

As of today (2024-06-24), Dayang Enterprise Holdings Bhd's current stock price is RM2.70. Dayang Enterprise Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM1.44. Dayang Enterprise Holdings Bhd's Cyclically Adjusted PB Ratio of today is 1.88.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Dayang Enterprise Holdings Bhd was 1.96. The lowest was 0.67. And the median was 1.03.


Dayang Enterprise Holdings Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Dayang Enterprise Holdings Bhd's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Dayang Enterprise Holdings Bhd Cyclically Adjusted Book per Share Chart

Dayang Enterprise Holdings Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.08 1.20 1.32 1.40

Dayang Enterprise Holdings Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.35 1.37 1.40 1.40 1.44

Competitive Comparison of Dayang Enterprise Holdings Bhd's Cyclically Adjusted Book per Share

For the Oil & Gas Equipment & Services subindustry, Dayang Enterprise Holdings Bhd's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dayang Enterprise Holdings Bhd's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Dayang Enterprise Holdings Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Dayang Enterprise Holdings Bhd's Cyclically Adjusted PB Ratio falls into.



Dayang Enterprise Holdings Bhd Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Dayang Enterprise Holdings Bhd's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.437/131.7762*131.7762
=1.437

Current CPI (Mar. 2024) = 131.7762.

Dayang Enterprise Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.835 100.560 1.094
201409 0.820 100.428 1.076
201412 1.050 99.070 1.397
201503 1.059 99.621 1.401
201506 1.105 100.684 1.446
201509 1.196 100.392 1.570
201512 1.290 99.792 1.703
201603 1.199 100.470 1.573
201606 1.213 101.688 1.572
201609 1.272 101.861 1.646
201612 1.378 101.863 1.783
201703 1.323 102.862 1.695
201706 1.221 103.349 1.557
201709 0.766 104.136 0.969
201712 0.947 104.011 1.200
201803 0.912 105.290 1.141
201806 0.962 106.317 1.192
201809 1.017 106.507 1.258
201812 1.108 105.998 1.377
201903 1.095 107.251 1.345
201906 1.159 108.070 1.413
201909 1.271 108.329 1.546
201912 1.352 108.420 1.643
202003 1.410 108.902 1.706
202006 1.404 108.767 1.701
202009 1.417 109.815 1.700
202012 1.406 109.897 1.686
202103 1.396 111.754 1.646
202106 1.377 114.631 1.583
202109 1.397 115.734 1.591
202112 1.133 117.630 1.269
202203 1.148 121.301 1.247
202206 1.205 125.017 1.270
202209 1.273 125.227 1.340
202212 1.249 125.222 1.314
202303 1.219 127.348 1.261
202306 1.306 128.729 1.337
202309 1.373 129.860 1.393
202312 1.427 129.419 1.453
202403 1.437 131.776 1.437

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Dayang Enterprise Holdings Bhd  (XKLS:5141) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Dayang Enterprise Holdings Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.70/1.44
=1.88

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Dayang Enterprise Holdings Bhd was 1.96. The lowest was 0.67. And the median was 1.03.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Dayang Enterprise Holdings Bhd Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Dayang Enterprise Holdings Bhd's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Dayang Enterprise Holdings Bhd (XKLS:5141) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Jalan Taman Raja MCLD, Sublot 5 - 10, Lot 46, Block 10, Miri, SWK, MYS, 98000
Dayang Enterprise Holdings Bhd is an investment holding company. Its operating segments include Topside maintenance services and Marine offshore support services. Topside maintenance services include the provision of offshore topside maintenance services, minor fabrication works, and offshore hook-up and commissioning services for oil and gas companies. Marine offshore support services involve chartering of marine vessels and the provision of related support services, as well as catering of food and beverage. Dayang generates the majority of its revenues from Topside maintenance services.

Dayang Enterprise Holdings Bhd (XKLS:5141) Headlines

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